hyperexponential

hyperexponential

Pricing software for specialty insurers

About hyperexponential

Simplify's Rating
Why hyperexponential is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Financial Services

Company Size

201-500

Company Stage

Series B

Total Funding

$91M

Headquarters

London, United Kingdom

Founded

2017

Overview

Company Does Not Provide H1B Sponsorship

Hyperexponential provides pricing software for the specialty insurance sector. Its main product, hx Renew, is a cloud-based pricing decision intelligence platform that lets insurers build, deploy, and refine complex actuarial models. The platform helps actuaries, underwriters, and other insurance professionals analyze data, create pricing models, and collaborate on pricing strategies, all through a software-as-a-service (SaaS) interface. Compared with broader analytics vendors, Hyperexponential focuses specifically on specialty and commercial insurance pricing, offering end-to-end model development, deployment, and governance within a single platform to support more profitable pricing decisions. The company’s goal is to help insurers improve profitability and manage risk by enabling data-driven, collaborative pricing across global clients.

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Simplify's Take

What believers are saying

  • Aviva adopts full AI suite across Global Corporate & Specialty underwriting in December 2025.
  • Reinsurance treaty model cuts development time by 80% in 2026.
  • $73M Series B led by Battery Ventures fuels US expansion post-10x sales growth since 2021.

What critics are saying

  • Akur8 partnership automates rating factors, reducing standalone hx Renew demand within 12-24 months.
  • Insurity-Zurich integration locks end-to-end policy admin, sidelining hx pricing layer in 6-12 months.
  • Cytora-Red Flag Alert displaces hx data handling for Tier-1 insurers in 12-18 months.

What makes hyperexponential unique

  • hx Renew enables rapid build, deploy, refine of complex actuarial models for specialty insurance.
  • AI-native platform unifies pricing, underwriting, portfolio optimization for commercial P&C.
  • First end-to-end agentic underwriting suite deployed with Banyan Risk across US, UK, Canada, Bermuda.

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Funding

Total Funding

$91M

Above

Industry Average

Funded Over

2 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$65M
Substack
$73M
hyperexponential
$100M
ClickUp

Benefits

Health Insurance

Mental Health Support

Individual Wellbeing Allowance

Company Pension Scheme

Private Healthcare Insurance

Unlimited Paid Time Off

Training Programs

Top-Spec Equipment

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-2%

2 year growth

2%
Intelligent Insurer
Mar 27th, 2026
hyperexponential lands full AI underwriting deal with Banyan Risk.

hyperexponential lands full AI underwriting deal with Banyan Risk. London-based insurtech hyperexponential (hx) has partnered with Banyan Risk to deploy its full agentic underwriting suite, marking the first time the platform has been implemented end-to-end by an MGA across the US, UK, Canada and Bermuda markets. If you don't have a login or your access has expired, you will need to purchase a subscription to gain access to this article, including all its online content. To request a FREE 2-week trial subscription, please signup. NOTE - this can take up to 48hrs to be approved. For multi-user price options, or to check if your company has an existing subscription that Intelligentinsurer can add you to for FREE, please email Adrian Tapping at [email protected] More on this story. 27 March 2026 Service delivers daily loss estimates as severe convective storms drive volatility. 27 March 2026 Parametric cover to support embedded cyber programmes globally. 27 March 2026 Inland warnings added as new cone design and Hawaii surge alerts sharpen risk visibility. Editor's picks. 27 March 2026 26 March 2026 25 March 2026 24 March 2026

PropertyCasualty360
Dec 15th, 2025
Who's using what in P&C insurance: December 15, 2025

Who's using what in P&C insurance: December 15, 2025. Quick Takes December 15, 2025 at 11:27 AM Regulators in Illinois, Indiana, Iowa, Louisiana and Wisconsin have now approved Z-WATER, ZestyAI's non-weather water model, for use in underwriting and rating. The model is designed to give insurers property-level insight into where these losses are coming from and how to price and manage the risk more accurately. Insurity has partnered with Zurich Insurance in the United States, one of the largest insurance providers in the country. For more than 30 years, Zurich U.S. has leveraged Insurity's Policy Decisions platform for full life cycle, end-to-end policy administration for its core, highly regulated lines, including auto, general liability, workers' compensation and property insurance. Now, with the platform fully integrated with Circ Bureau Managed Services and hosted within the Insurity Cloud, Zurich is further enhancing its ability to deliver accurate, compliant and efficient insurance solutions, enabling faster response to regulatory changes and improved customer service. One Inc has partnered with Benekiva, a leading insurtech dedicated to transforming claims management with speed, intelligence and compassion. Together, the companies will deliver a fully digital claims payment experience for Benekiva's carrier-policyholders, from first notice of loss through final payout. Cytora has partnered with Red Flag Alert, a leading provider of real-time company credit and risk monitoring solutions. This collaboration integrates RFA's extensive financial health and compliance intelligence directly into the Cytora platform, significantly enhancing the ability of joint clients, including Tier-1 global commercial insurers, to automate accurate due diligence and maintain perpetual risk protection. hyperexponential has partnered with Aviva, as the insurer adopts the full suite of AI-powered capabilities within the hx platform to further advance its pricing and underwriting transformation. Building on successful early testing of hx's AI solutions, Aviva has now opted in to hx's full range of new capabilities. These capabilities will be deployed across Aviva's rating tools to support its Global Corporate & Specialty underwriters. Indigo Insurance has selected Duck Creek's OnDemand and Duck Creek Clarity to modernize its core systems and create a unified, scalable technology foundation to support the organization's long-term strategic growth. Indigo Insurance operates a rapidly expanding, digital-first insurance platform across the Caribbean, delivering customer-centric auto and general insurance solutions through its flagship online portal. DUAL Group has partnered with CyberCube to enhance its cyber underwriting capabilities and deliver greater value to brokers and clients. This collaboration combines DUAL's world-class underwriting expertise with CyberCube's cutting-edge modeling tools and APIs, enabling DUAL to make faster, data-rich decisions in an increasingly complex and fast-moving risk environment.

Tech.eu
Nov 7th, 2024
Building The Future: Software Companies At The Heart Of Europe’S Tech Revolution

The European tech ecosystem has continued to evolve rapidly with software companies playing a central role in driving innovation across various industries. With €3.6 billion raised in the first three quarters of 2024, the software industry demonstrates its importance in this dynamic landscape. Companies increasingly focus on enhancing operational efficiency, leveraging emerging technologies like artificial intelligence, blockchain, and cloud computing, and addressing the growing demand for digital transformation services. As we look towards 2025, the European software sector is poised for further growth. Companies are expected to increase investments in research and development to bring next-generation solutions to market, particularly in areas like cybersecurity, automation, and sustainable technology. The emphasis will likely shift towards creating more integrated, scalable, and user-friendly solutions, catering to an increasingly diverse client base that spans both large enterprises and smaller, fast-growing startups

Insurance Business
Oct 11th, 2024
Hyperexponential unveils fast-track reinsurance pricing solution

Hyperexponential has introduced a new reinsurance pricing model aimed at cutting development time for treaty models by up to 80%.

The Insurer
Oct 11th, 2024
Hyperexponential expands into reinsurance market with treaty pricing model

London-based insurtech Hyperexponential has unveiled its first templated reinsurance model for treaty reinsurance.

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